Like many small credit unions, Lutheran Credit Union of America has been struggling financially, showing declines in loan and fee income as well as net income losses in three of the past five years, according to Callahan & Associates.

Last year the credit union posted a net income loss of $83,434 and a net income loss of $116,077 in 2011, according to Callahan & Associates. Though Lutheran Credit Union of America had net income gains of $11,128 in 2010 and $29,585 in 2008, the cooperative showed a net income loss of $138,068 in 2009.

On its website, Lutheran Credit Union of America, which serves 1,646 members, said its sole branch will remain open “at minimum through the end of the lease in June 2015.” Its seven employees are continuing to work for America’s CU, the credit union said.